Tag: LUT
GST Portal Activates LUT Filing for FY 2025-26 to ensure seamless exports without IGST
The GST Portal has now enabled the functionality to file the Letter of Undertaking (LUT) GST-RFD-11, for the Financial Year 2025-26.
Gujarat High Court sent case back to reconsider refund request as per CBIC’s circular on adjusted total turnover calculation
The Hon’ble Gujarat High Court in the case of Kashi Exports disposed of the petition where the Assessee was exporting goods under LUT was paid refund of unutilized accumulated ITC as per the Rules 89(4)of the CGST Rules, during pendency of petition, clarification issued on manner of calculation of Adjusted Total Turnover consequent to Explanation (c) inserted in Rule 89(4) of the CGST Rules. Hence, the refund application was to be reconsidered.
Refund application cannot be rejected without giving proper reason
The Hon’ble Delhi High Court in the matter of M/s Chegg India Pvt. Ltd. v. Commissioner of Central Goods and…
Rule 89(4)(c) is ‘ultra-vires’ to the provisions of GST law and held ‘unconstitutional’
Hon;ble High Court has held that Rule 89 (4)(c) of the CGST Rules, 2017 which restricts the exports made without payment of tax to 1.5 times value of like goods supplied domestically is unconstitutional and ultra vires of the provisions of the GST law.
Refund of ITC cannot be rejected without providing an opportunity of being heard to the assessee
The Hon’ble Rajasthan High Court in M/s. Chandni Crafts v. Union of India and Anr. [D. B. Civil Writ Petition…
LUT application F.Y. 2023-24
Letter of Undertaking (LUT) application for F.Y. 2023-24 can be filed any time now in GSTN.
Circular no. 137 dt.13.4.2020 – Certain issues in GST is being clarified
Issue 1 : A supplier has received an advance for supply of service to be made in future. He also…